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1/25/2012 9:37AM

Profits Dive at Ericsson

Ericsson, the world's largest network-equipment maker, reported a steep fall in fourth-quarter net profit. Dow Jones's Sven Grundberg suggests that expectations were higher than the company could deliver.

This transcript has been automatically generated and may not be 100% accurate.

I ... still the little this morning when news report that one and ... one copy irksome ... but were typically seen ... for what this is a suffering ... along with the palms it's a small thing ... what ... do you really about ... to discuss this and was going wrong we have agreement that you use when to stop the cycle ... the data from ... the crisis but has a decree to what's going wrong for hours ... yes it's ... what with all of the ... those numbers which were desert hero ... when benefited the attacks and it works and ... and all these smartphones they should generate since four or more says the networking events ... and it doesn't happen and everyone is waiting for a time to visit the problem is that the Ericsson's customers operators ... are hoping their cash they are not spending enough money on on on on on upgrading and improving their networks ... and everyone is waiting for them to do with this but they haven't started doing that yet and a bit ... read Insulet sequestered the time ... pace than in the networks released all ... of them being some new technology that Richardson could fall prey which is all he was coming from sector ... well the people using Apple something wrong or promise this is just a case of an uncertain economic and Barman impacting on them and spending ... yes ... some of the market leader in this setting ... the ... network infrastructure under the reading gaining market share so ... this is the same situation for everybody on that sitting works for a good night to Nokia Siemens networks and for a continuous and ... it's to business market that are on the door ... with them in their heads above the water in the six nights go away ... this quarter was that about expectations for higher Duncombe Erickson managed to to ... to Rome The and an ever so ... and that pretty much higher ... so in this book it seems that the isthe said recent storms the ... long queue of Provenge waking from who put them on to pick up across the board ... other reposted the cafe where else are they what most most good ... that did the weather side of some pupils that it's the increased dividend of it so that some opted for the moment for their owners and ... who who died dividend but ... um I mean there's been a civil suit to ... be about to this report and shares are down ... today a fifteen percent to one point it's all so ... the White House to play our part in a report by medical students but when looking at ... this report just did that and ... and ... smartphones use ten times as more traffic in effect an enormous future phone so ... so that report is a touching but that there is some business forex and to do an ... Oprah just have to prove they're there and it networks at some point in time but but no they don't ... okay so we're preferred to the Reno very much and thank you very much indeed ... I get it ...